The shareholders of edel AG (XTRA:EDL) authorized a share repurchase program at its Annual General Meeting on May 18, 2010. Under the program, the company will repurchase up to 2,273,451 shares representing 10% of the share capital, including the shares held in treasury.

On February 8, 2012, the Management Board commenced the share repurchase program. The shares will be repurchased at a price which shall not be more than 10% above or 20% below the average uniform price of the share in the closing auction of the electronic trading system XETRA of Deutsche Börse AG on each of the five preceding stock exchange days. The company has appointed an intermediary to conduct repurchases in accordance with the regulation (EG) No. 2273/2003 of the commission dated 22 December 2003. The repurchases will be valid until December 31, 2012.

edel AG's share repurchase program expired on December 31, 2012.